Economy of the European Union

Business in the Euro Area with the Lowest Growth Since 2014

Eurozone business growth is at its lowest level since 2014, driven by stagnation in France and a slowdown in Germany, according to recent reports, quoted by

In the shadow of political risks such as Brexit and weaker global growth, the eurozone is struggling to keep its economy healthy, according to a study by IHS Markit.

PM Dancila: Romania sees record level of foreign direct investment in first two months

Romania saw a record level of foreign direct investment over the first two months, exceeding one billion euro, the highest level after the economic crisis, Prime Minister Viorica Dancila said on Thursday in the opening of the Government meeting. "I would like to point out some data that prove that Romania's economy is on an upward trend and will continue to grow.

Bonds cost more than the yields show

The Greek government may be celebrating the "low" interest rates with which it has tapped the international bond markets this year, but those rates - besides being the highest in the eurozone - entail an additional cost that constitutes the collateral for investors, particularly the long-term investing funds. Plumb: We hope decision on EU 2021-2027 budget to be made in October

A decision on the EU budget will hopefully be made in October, and for this reason today's meeting is extremely important to reaffirm the wish of ministers responsible for implementing European funds to urgently reach an agreement on the budget, Minister of European Funds Rovana Plumb told a Friday's press conference occasioned by the informal meeting of the ministers managing the European fund

Housing Prices in Bulgaria have been Rising at the Slowest Pace in Three Years

In the last three months of 2018 house prices in Bulgaria rose by 5.5 percent on an annual basis, according to European Statistical Office data published today. This is the slowest pace since the first quarter of 2016 when the reported growth was 4.6 percent. Romanian presidency wants to reach a partial agreement on cohesion policy by June 30

The Romanian presidency of the Council of the European Union wants to reach a partial agreement in the Council on the legislative package regarding the cohesion policy, Minister of European Funds Rovana Plumb stated on Thursday. Thyssen: We propose to increase by 17pct funding allocated to Romania through European Social Fund Plus

European Commissioner for Employment, Social Affairs, Skills and Labour Mobility Marianne Thyssen proposed on Thursday that Romania's funding through the European Social Fund Plus (ESF+) be increased by 17pct. We propose to increase the funding allocated to Romania through the ESF+ by 17pct.